Kinder Morgan Stock Forecast
Kinder Morgan stock price up 0.213% on Wednesday
(Updated on May 08, 2024)
The Kinder Morgan stock price gained 0.213% on the last trading day (Wednesday, 8th May 2024), rising from $18.77 to $18.81. It has now gained 5 days in a row. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. During the last trading day the stock fluctuated 1.29% from a day low at $18.65 to a day high of $18.89. The price has been going up and down for this period, and there has been a 0% change for the last 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 774 thousand more shares were traded than the day before. In total, 11 million shares were bought and sold for approximately $212.29 million.
The stock lies in the middle of a strong rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 10.82% during the next 3 months and, with a 90% probability hold a price between $20.15 and $21.32 at the end of this 3-month period.
Ready to grow your portfolio? Here's your beginner's guide to opening a free brokerage account.
KMI Signals & Forecast
The Kinder Morgan stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $18.53 and $18.37. A breakdown below any of these levels will issue sell signals. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Volume is rising along with the price. This is considered to be a good technical signal. Some negative signals were issued as well, and these may have some influence on the near short-term development. A sell signal was issued from a pivot top point on Friday, April 19, 2024, and so far it has fallen -0.159%. Further fall is indicated until a new bottom pivot has been found. The stock had a Golden Star Signal on Wednesday, February 28, 2024 in the short-term chart.
Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.
Golden Star
The stock had a Golden Star Signal on Wednesday, February 28, 2024 in the short-term chart.Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.
Support, Risk & Stop-loss for Kinder Morgan stock
Kinder Morgan finds support from accumulated volume at $18.21 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.
This stock is usually traded at a good volume, and with minor daily changes, the risk is considered to be low. During the last day, the stock moved $0.240 (1.29%) between high and low. For the last week, the stock has had daily average volatility of 1.46%.
Our recommended stop-loss: $18.11 (-3.70%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 13 days ago.)
Trading Expectations (KMI) For The Upcoming Trading Day Of Thursday 9th
For the upcoming trading day on Thursday, 9th we expect Kinder Morgan Inc to open at $18.78, and during the day (based on 14 day Average True Range), to move between $18.51 and $19.11, which gives a possible trading interval of +/-$0.299 (+/-1.59%) up or down from last closing price. If Kinder Morgan Inc takes out the full calculated possible swing range there will be an estimated 3.18% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at $18.82 (0.05%) than the support at $18.21 (3.19%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.
Is Kinder Morgan Inc stock A Buy?
Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Kinder Morgan stock to perform well in the short-term.
Current score: 2.235 Buy Candidate Unchanged
Predicted Opening Price for Kinder Morgan Inc of Thursday, May 9, 2024
| Fair opening price May 9, 2024 | Current price |
|---|---|
| $18.78 ( 0.142%) | $18.81 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for KMI
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 19.02 | 1.13 % | |
| R2 | 18.93 | 0.647 % | ||
| R1 | 18.88 | 0.346 % | ||
| Current price: | 18.81 | |||
| Support | S1 | 18.69 | -0.629 % | |
| S2 | 18.64 | -0.93 % | ||
| S3 | 18.54 | -1.42 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 0 | . | |
| R2 | 18.84 | 0.159 % | ||
| R1 | 18.82 | 0.0532 % | ||
| Current price | 18.81 | |||
| Support | S1 | 18.21 | -3.19% | |
| S2 | 17.97 | -4.47% | ||
| S3 | 16.57 | -11.91% |
KMI Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Apr 17, 2024 | Apr 29, 2024 | May 15, 2024 | $0.288 | 1.53% |
| 2 | Jan 30, 2024 | Jan 30, 2024 | Feb 15, 2024 | $0.283 | 1.66% |
| 3 | Oct 18, 2023 | Oct 30, 2023 | Nov 15, 2023 | $0.283 | 1.67% |
| 4 | Jul 19, 2023 | Jul 28, 2023 | Aug 15, 2023 | $0.283 | 1.63% |
| 5 | Apr 19, 2023 | Apr 28, 2023 | May 15, 2023 | $0.283 | 1.69% |
FAQ
Click here for our free guide on how to buy Kinder Morgan Stock.
